The best indicator for TJX Companies (TJX)
We backtested 382 indicators across daily, weekly and hourly charts on real TJX Companies (TJX) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where TJX Companies (TJX) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Fibonacci Pivots
On the weekly chart, this is the strongest risk-adjusted edge we found for TJX Companies (TJX) over ~39.4 years — trailing buy-and-hold by 3.7% CAGR.
TJX Companies (TJX) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for TJX Companies (TJX) — trailing buy-and-hold by 10.3% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Fibonacci Pivots ✓ | Weekly | 12.4% | 0.7 | -44.0% | 60.1% | 311 | -3.7% |
| 2 | McGinley Dynamic ✓ | Weekly | 16.6% | 0.66 | -62.3% | 30.0% | 20 | 0.5% |
| 3 | EMA 100 Trend ✓ | Weekly | 14.2% | 0.66 | -37.7% | 59.4% | 32 | -1.9% |
| 4 | Disparity (100) ✓ | Weekly | 14.1% | 0.66 | -38.0% | 59.4% | 32 | -2.0% |
| 5 | McGinley 100 Trend ✓ | Daily | 16.9% | 0.65 | -65.1% | 23.7% | 38 | 0.8% |
| 6 | Donchian 20 Break ✓ | Weekly | 12.6% | 0.65 | -44.3% | 63.2% | 19 | -3.5% |
| 7 | WMA 15/60 Cross ✓ | Weekly | 13.4% | 0.65 | -41.0% | 57.9% | 19 | -2.7% |
| 8 | TRIX (15) ✓ | Weekly | 13.8% | 0.65 | -43.1% | 64.7% | 17 | -2.3% |
| 9 | SMC: Change of Character ✓ | Weekly | 14.4% | 0.65 | -47.1% | 61.1% | 18 | -1.7% |
| 10 | WMA 20/50 Cross ✓ | Weekly | 13.4% | 0.64 | -43.4% | 68.2% | 22 | -2.7% |
| 11 | McGinley 200 Trend ✓ | Daily | 16.2% | 0.63 | -60.9% | 22.7% | 22 | 0.0% |
| 12 | RSI (50) ✓ | Weekly | 13.9% | 0.63 | -65.6% | 63.2% | 38 | -2.2% |
| 13 | EMA 13/48 Cross ✓ | Weekly | 14.4% | 0.67 | -41.0% | 64.3% | 14 | -1.7% |
| 14 | EMA 200 Trend ✓ | Weekly | 13.4% | 0.62 | -57.5% | 42.9% | 21 | -2.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on TJX Companies (TJX)
0 of 682 tested setups beat buy-and-hold on TJX Companies (TJX) outright. Another 188 could get there with leverage they would survive — but 331 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | — | 1.15× | 2.77× |
| Demand Index | — | 1.43× | 2.57× |
| MA Envelope | — | 1.77× | 3.11× |
| Stochastic RSI | — | 1.91× | 5.93× |
| Know Sure Thing | — | 2.06× | 4.71× |
| Connors RSI-2 | — | 2.09× | 3.46× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For TJX Companies (TJX), Fibonacci Pivots on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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